Vitaprotech Group finalizes purchase and merger with Identiv’s Security and Identity Reader Business, relaunches iconic Hirsch brand
Sep 09, 2024•over 1 year ago
Acquiring Company
Vitaprotech
Acquired Company
Identiv’s Security and Identity Reader Business
Description
Vitaprotech, a global leader in security technology, has completed the purchase and merger with Identiv’s Security and Identity Reader Business. This milestone solidifies Hirsch's position as the global leader in physical security, video intelligence, and identity solutions, offering unmatched capabilities and a comprehensive product suite designed to secure everything from high-security government facilities to everyday business environments.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed